1 / 6
36score
↓ $5,100
$204,900
MLS
Street view6935 Westlake Rd
Indianapolis IN 46214 · Single Family · built 1960
4 bd1 ba1,600 sqft$128/sqft vs ZIP $138 −7%
1.21 lender DSCR (est.)
Rent covers the estimated payment 1.21× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,832/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes from the county assessor. Assumptions as of 2026-09-12.
DSCR 1.21price cut 2%below assessed value
The underwriting
The numbers (estimates, illustrative)
$204,900List price
$1,832Rent estimate / mo
1.21Lender DSCR (est.)
$4,178Taxes / yr · county assessor
$138ZIP median $ / sqft
36/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,832 |
| − Mortgage (P&I) | −$1,075 |
| − Taxes | −$348 |
| − Insurance | −$85 |
| = Cash flow before vacancy & repairs | $324 |
The numbers
- Price
- $204,900
- $ / sq ft
- $128 ZIP median $138
- Rent estimate
- $1,832/mo HUD fair-market rent
- Property taxes
- $4,178/yr 2% cap on assessed value $208,900
- PITIA (assumed)
- $1,508/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.21 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 36/100 DSCR 1.21 · price cut 2% · below assessed value
The property
- Beds / baths
- 4 / 1
- Living area
- 1,600 sq ft
- Lot
- 14,810 sq ft
- Year built
- 1960
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22111547
- Listed
- Jul 3, 2026
- Days on market
- 105
- Listing agent
- Cynthia Hayden · F.C. Tucker Company - South
7657208477 · cinder@nancysrealestateteam.com - Price history
- First asked $210,000 · previously $210,000 cut $5,100
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
All figures are illustrative estimates from the list price, public records, rent comps / HUD fair-market rent and assumed financing (75% LTV, ~7.5%, 30 yr, as of 2026-09-12). Not verified, not an offer, not investment advice. Triad Global, LLC is a real-estate investor, not a licensed brokerage. Listing data from public sources; verify everything before you bid. Equal Housing Opportunity.